Understanding Dental Insurance Plans
Some people realize the benefits of having dental insurance but have a hard time understanding how it all works. Every dental plan is different depending on the insurance provider. There are some terms used in dental plans that are the same across all dental insurance plans. These terms may seem like a foreign language at first but understanding these terms can give a person a better understanding of how his or her dental insurance plan works and what is covered under the plan.
The term deductibles is one that many people hear about with dental plans but are not quite sure what deductibles are. To put it simply, deductibles are the fees that a person will need to pay before the insurance company will take on the financial responsibility outlined in the dental plan. The deductible amount varies among insurance companies and insurance plans. On average, less expensive dental plans will have higher deductibles while more expensive plans will have lower deductibles.
Another term that some people may not be familiar with is insurance premiums. Insurance premiums are nothing more than the amount of money a person spends to secure the dental insurance plan. The amount of insurance premiums will depend on the dental insurance plan. Some insurance premiums are paid monthly while others can be bi-annually or annually. Failure to pay insurance premiums could result in cancellation of the dental insurance policy. Cancellation of a policy could also release the entire cost burden of dental work back to the individual.
Maximum benefit amounts are also something a person should familiarize his or herself with when it comes to dental insurance. While dental insurance will cover a person for a variety of dental work, there is a limit to how much the dental insurance will cover over a given policy term. This limit is what the maximum benefit amount refers to. This limit is a part of all dental policies and will also vary upon the dental insurance policy. Once this limit is reached, the policyholder is then responsible for one hundred percent of the cost for dental work.
Dental procedures fall into different categories. The categories are typically preventative, basic, major, and cosmetic. Each category is covered at a different percentage depending on the type of dental insurance plan. Some categories, such as cosmetic, may or may not be covered at all. It is important for an individual to have a general idea of the type of dental work he or she intends to get so the correct policy and coverage can be obtained. If a person is unsure as to which category a procedure is covered under, he or she can contact the dental insurance provider.
Dental insurance offers a number of benefits to people who enroll in them. Completely understanding the dental insurance policy will ensure that a person is properly covered for the procedures he or she needs. It also allows the individual to maximize his or her dental health benefits.
by: Casey Trillbar